scholarly journals Peran Sukuk Terhadap Pembangunan Infrastruktur

2020 ◽  
Vol 17 (1) ◽  
pp. 87-103
Author(s):  
Robin ◽  
Diah Putri Febiana Sari ◽  
Kharis Fadhullah Hana
Keyword(s):  
Literature Review ◽  
Qualitative Methods ◽  
Foreign Debt ◽  
Secondary Data ◽  
Positive Contribution ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Financial Instrument ◽  
The Government

Infrastructure development with Sukuk is currently developing rapidly. Sukuk are bonds based on Islamic principles. Sukuk have lower refund rates compared to interest-based bonds. This study aims to explain the role of Sukuk in infrastructure development in Indonesia. This research uses qualitative methods that are analyzed descriptively. With secondary data derived from the literature review in the form of the results of previous studies, documents from valid institutions or institutions, news, and other supporting sources. The results show that Sukuk is an important financial instrument applied in infrastructure development and has a positive contribution to infrastructure development. Since it was published until February 13, 2020, the accumulation of SBSN issuance results has reached Rp. 1,253.4 T. The results of the issuance of the Sukuk were used by the government to finance various infrastructure projects in Indonesia. So the Government can maximize the potential of Sukuk as an alternative to infrastructure financing and start reducing dependence on foreign debt in infrastructure financing

scholarly journals Sukuk Dan Kontribusinya Dalam Pembiayaan Pembangunan

2017 ◽  
Vol 11 (1) ◽  
pp. 83-103
Author(s):  
Husnul Khatimah
Keyword(s):  
Foreign Debt ◽  
National Development ◽  
Secondary Data ◽  
State Budget ◽  
National Economic ◽  
Data Source ◽  
Descriptive Approach ◽  
The Government ◽  
Quantitative Descriptive

This study analyzes the role of sukuk in national economic development. During this time the source of development financing consists of several kinds including taxes, bonds, foreign debt and Islamic bonds (sukuk). Sukuk has been developed in Indonesia since 2002 (published Indosat) and is still growing and the number of issuers are even greater. The research method using descriptive quantitative, data source in this research is secondary data obtained, balance of payments in the government, the state budget. This study uses a quantitative descriptive approach. Data were processed using matrix comparison of the performance of sukuk and conventional bonds to finance national development. The role and contribution of sukuk to finance the construction has been increasing. In 2011 amounted to 34% of financing needs are met through sukuk. Until 2016 the proportion was 60%. Instead the role of foreign debt be decreased. In 2011 only 7%, and by 2016 the portion close to 0%.

scholarly journals State Sukuk Potential in Reducing Indonesia Budget Deficit, 2009-2015

2017 ◽  
Vol 20 (1) ◽  
pp. 21
Author(s):  
Ima Amaliah ◽  
Tasya Aspiranti
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Budget Deficit ◽  
Quantitative Method ◽  
Foreign Debt ◽  
Secondary Data ◽  
Infrastructure Development ◽  
Exchange Rate Fluctuations ◽  
The Government ◽  
Over Time

The purpose of this study is to identify potential retail state sukuk as part of state bonds that are used to replace foreign debt and lower the government's budget deficit. This study is important because the government's budget deficit continues to rise each year due to the increase of foreign debt. The increase in the debt itself is closely related to exchange rate fluctuations. Therefore, it is important for the government to develop a relatively secure funding in facing exchange rate fluctuations as well as parts of interest rate. The government has developed state securities based on sharia (SBSN) which can be used not only to close finance deficit but also to alternatively finance the infrastructure development. The population consists of budget deficit, retail state sukuk, corporate sukuk, and foreign debt. It uses purposive sampling to get the sample during 2009 -2015. This research uses descriptive quantitative method of secondary data published by Bank Indonesia, ministry Finance and Jakarta Islamic Index. The result shows that the proportion of retail state sukuk against sharia state securities increases over time (over 50%) but the proportion of corporate sukuk numbers is still relatively small (below 25%). 

scholarly journals CO-MANAGEMENT ANTAR STAKEHOLDER SEBAGAI MODEL PUBLIC-PRIVATE PARTNERSHIP DALAM PROGRAM PEMBANGUNAN INFRASTRUKTUR PERDESAAN

AdBispreneur ◽  
2017 ◽  
Vol 2 (2) ◽  
Author(s):  
Taufik Kurniawan
Keyword(s):  
Rural Development ◽  
Development Program ◽  
Secondary Data ◽  
Infrastructure Development ◽  
Limited Capacity ◽  
Management Concept ◽  
The Government ◽  
Method Analysis ◽  
Descriptive Method

ABSTRACT Rural development needs to be  tune in with the community, because limited capacity of the government. Rural development is possible only with community participation. The concept of partnership-based participation is known as co-management. The purpose of this research is to describe and analyze the application of co-management concept among stakeholders in rural infrastructure development program. In co-management there are four elements are academia, business, society and government. The method used in this research is descriptive method analysis of primary and secondary data. The results show that co-management can be applied to PPIP activities. Other findings from the study, indicating the role of community elements is more dominant than other elements. Keywords : Co-management, stakeholder    ABSTRAKPembangunan perdesaan memerlukan kebersamaan dengan masyarakat, karena kemampuan pemerintah yang semakin terbatas. Pembangunan perdesaan hanya mungkin bisa dilakukan dengan partisipasi masyarakat. Konsep partisipasi yang berbasiskan kemitraan dikenal dengan co-management. Tujuan dari penelitian ini untuk mendeskripsikan dan menganalisis penerapan konsep co management antar stakeholder dalam program pembangunan infrastruktur perdesaaan. Dalam co-management terdapat empat unsur yaitu akademisi, bisnis, masyarakat dan pemerintah  Metode yang digunakan dalam penelitian ini adalah metode deskriptif dan analisis data primer maupun sekunder. Hasil penelitian menunjukkan bahwa co-management dapat diterapkan pada kegiatan PPIP. Temuan lainnya dari penelitian ,menujukkan peran unsur masyarakat lebih dominan dibanding unsur lain. Kata kunci : Co-management, stakeholder

scholarly journals Evaluation of the Effectiveness of Brazilian Community Restaurants for the Dimension of Low-Income People Access to Food

Nutrients ◽  
2021 ◽  
Vol 13 (8) ◽  
pp. 2671
Author(s):  
Mateus Santana Sousa ◽  
Camila Silveira Silva Teixeira ◽  
Jamacy Costa Souza ◽  
Priscila Ribas de Farias Costa ◽  
Renata Puppin Zandonadi ◽  
...  
Keyword(s):  
Low Income ◽  
Formal Education ◽  
Average Energy ◽  
Secondary Data ◽  
Target Population ◽  
Service Capacity ◽  
The Public ◽  
The Government ◽  
Access To Food

This study aimed to evaluate the effectiveness of community restaurants (CRs), managed by the Government of the State of Bahia/Brazil, for the dimension of access to food. The study used secondary data obtained from the public opinion survey Profile of users of community restaurants in Salvador. The nutritional information was accessed through the analysis of CRs’ menus. Adequate effectiveness of access to food was considered when the CR served meals to 50% to 70% of the users considered the target audience (individuals served by the two CRs located in the city of Salvador/Bahia/Brazil). The participants (n = 1464; 778 as low-income individuals) were adult CR users from Salvador/Brazil. Most of the respondents were male, 40 to 54 years old, not white, had up to 9 years of formal education, without a partner, and living in the municipality of Salvador. The evaluated CRs are effective in serving 53.1% of the target population in their total service capacity. Meal provision only reached an estimated 0.7% of the socially vulnerable community in the district. The average energy value of the meal served by the CR units was 853.05 kcal/meal, with a mean energy density composition classified as average (1.15 kcal/g). The effectiveness of the evaluated community restaurants showed that these instruments were minimally effective in promoting access to food for the low-income population within their total daily service capacity, and the current quantity of these facilities was insufficient. However, these instruments stand out in the fundamental role of promoting the daily distribution of meals to the Brazilian population with the highest social vulnerability levels.

scholarly journals Pushed to the Margins: The Crisis Among Tribal Youth in India During COVID-19

2021 ◽  
pp. 089692052199419
Author(s):  
Eswarappa Kasi ◽  
Atrayee Saha
Keyword(s):  
Indigenous Population ◽  
Social Stigma ◽  
Herbal Medicines ◽  
Secondary Data ◽  
International Agency ◽  
Tribal Population ◽  
News Reports ◽  
Industrial Projects ◽  
The Government

Lack of awareness, lack of availability of non-farm activities, lack of nutritional facilities, inadequate health infrastructure, restricted movement to forest areas, and reliance on herbal medicines are some of the worst conditions that the indigenous population had to face worldwide, during the pandemic. Around 10.45 crore (10.45 million) indigenous population that resides in India are at stake because of economic inequality and social stigma. Lack of developmental measures in India has always led the tribal population to dwell at the margins without proper resources of economic sustenance. The announcements of lockdown and proposals for industrial projects approved during the lockdown period further aggravated their conditions. With the help of secondary data, news reports, and international agency reports, the article tries to critically review the conditions of the tribal population in India, the measures taken by the government, and the role of local organizations in helping tribal people to sustain the pandemic.

scholarly journals Use of forest land for national-priority infrastructures in Nepal

2017 ◽  
Vol 27 (1) ◽  
pp. 60-64
Author(s):  
U. R. Sharma
Keyword(s):  
Forest Area ◽  
Forest Conversion ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Forest Land ◽  
National Priority ◽  
Equivalent Area ◽  
Strict Enforcement ◽  
The Government ◽  
Forest Lands

 Forest conversion has been identified as one of the several bottlenecks affecting upon the major infrastructure projects in Nepal, especially in the energy and transport sectors. Nepal’s policy requires at least 40% of its land cover under forest. This means if any forest land is converted to non-forest land, it must be compensated with an equivalent area, preferably in the similar ecotype in the nation. In addition, a specified number of trees must be planted for the number of trees felled in the project site, and the site must be managed and protected for five years by the developers. These provisions have led to growing resentment between the developers and the Ministry of Forests and Soil Conservation (MFSC), leading to delay in providing forest lands for infrastructure projects. With a view to develop mechanisms for the government to rapidly provide forest land for nationally important infrastructure projects, the Government databases were examined to analyze the forests handed over to the developers for non-forestry uses. The data showed that a total of 14,028.4 ha of forest area were handed over to the developers for non-forestry uses until the end of 2015. On an average, 263.8 ha forest area was found to be handed over to the developers between the period of 2010–2013. However, there is a declining trend of forest handed over for non-forestry purposes in the recent years. The decline could be due to the strict enforcement of the legal provision which limits the conversion of forest areas to non-forest areas except in the case of the “national priority projects”. It has been recommended that the conversion of forest for infrastructure development should be examined with a holistic perspective by taking all the related components of forest conversion into consideration, from providing forest land for replacement planting. It is recommended that the Forest Product Development Board (FPDB), a parastatal organization under the MFSC, should be entrusted with the work of plantation related to forest conversion. The fund for this work should flow directly from the developers to the FPDB. The possibility of forming a land bank to facilitate the work of the FPDB is also recommended.Banko Janakari, Vol. 27, No. 1, Page: 60-64

scholarly journals SOSIALISASI QANUN JINAYAT ACEH NO. 6 TAHUN 2014 PADA MADRASAH ALIYAH BLANGKEJEREN KABUPATEN GAYO LUES

2019 ◽  
Vol 9 (1) ◽  
Author(s):  
- - Misran
Keyword(s):  
Sexual Harassment ◽  
Business Students ◽  
Secondary Data ◽  
Lesson Plans ◽  
Normative Approach ◽  
The Government

There are two questions in the study under study, namely: First, what is the knowledge and understanding of students in Gayo Lues District Madrasah Ali about the implementation of the Jinayat Aceh Qanun Number 6 of 2014? Secondly, What is the knowledge and role of the Gayo Lues District Madrasah Aliyah religious teacher in disseminating to students about the enactment of the 2014 Jinayat Aceh Qanun? This study uses a normative juridical and sociological juridical approach. The normative juridical approach is done by first examining the Aceh regulation or qanun that is relevant to the problem under study. In other words the normative approach is to examine library materials or secondary data which includes primary, secondary and tertiary legal materials. The results showed that Gayo Lues State students in general knew about the implementation of Islamic Shari'a in Aceh, but the majority of them did not know and understand about the material regulated in Aceh No. 3 Qanun. 6 of 2014. Especially they do not know and understand about the terms contained in the Aceh jinayat qanun. Among the terms referred to in the Jinayat Aceh Qanun Number 6 of 2014 are Jarimah / Jinayat, Uqubat, Hudud, Ta'zir, Khamar, Maisir, Khalwat, Ikhtilath, Adultery, Sexual Harassment, Rape, Qadzaf, Liwath, Business. Students only know the term zina, sexual harassment, rape. While the Fiqh teacher knows and understands the qanun, but does not have the authority to socialize it, because the subjects in this madrasa refer to the 2017 revised 2017 curriculum, so the syllabus and lesson plans have been determined by the government based on the curriculum.Keywords: Socialization, Qanun Jinayat Aceh, Madrasas, Gayo Lues

scholarly journals Ideology and Pragmatism: Discourse Factors in Infrastructure Development in Indonesia’s Jokowi-JK Era

2019 ◽  
Vol 4 (2) ◽  
pp. 297
Author(s):  
Fredick Broven Ekayanta
Keyword(s):  
The State ◽  
Infrastructure Development ◽  
Economic Policies ◽  
Development Discourse ◽  
Dominant Discourse ◽  
Ernesto Laclau ◽  
Role Of The State ◽  
The Reformation ◽  
The Government

The discussion about development discourse in a country talking about how an idea affect economic policies. In Indonesia, the development discourse continues to change depending on the ruling regime. After the reformation, the dominant discourse is a neoliberal one that minimizes the role of the state in development. During the reign of Jokowi-JK, however, the role of the state strengthened. The government plans to build a massive infrastructure of the physical economy. The government legitimized its choice of action as the implementation of the Pancasila and Trisakti ideologies. Using the theories of Ernesto Laclau and Chantal Mouffe, this article argues that the state legitimizes its policies as implementing ideology by building infrastructure development discourse, but covers only pragmatic practices that occur. The practices themselves are pragmatic because the government ignored the fate and rights of citizens affected by infrastructure development.

scholarly journals Privatization in State-Owned Enterprises: A Systematic Literature Review

2020 ◽  
Vol 3 (2) ◽  
pp. 107
Author(s):  
Salma Shofia Rosyda ◽  
Sam'un Jaja Raharja
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Success Factors ◽  
Government Ownership ◽  
Personal Benefit ◽  
Use Of Resources ◽  
The Government ◽  
And Performance ◽  
Role Of The Government

One of the effective ways to improve the governance of State-Owned Enterprises (SOEs) is through privatization. A common problem that occurs at present in SOEs is that state-owned companies are inefficient in the use of resources, especially labor. The purpose of this research is to comprehend what is important in privatization, using the Systematic Literature Review (SLR) method. Some things that are important in the privatization of State-Owned Enterprises include privatization performance based on privatization activities, success factors, CSR in privatized SOEs, and performance after reducing government ownership. An improvement of performance both in terms of attainment and income along with a decrease in CSR were likely experienced by SOEs when privatizing. In addition, this research was also conducted to find out whether there were parts that had become worse after privatization. The privatization of SOEs was carried out by modernizing the economy. The decrease in performance of CSR could be minimized by social activities carried out by the company. The role of the government was very important in the supervision of SOEs so no one was able to gain personal benefit. The involvement of stakeholders was very important in this process because it could increase the trust of shareholders. During privatization, cooperating partners had to guarantee that there would be no termination of workers. In fact, it was hoped that more workers were to be added.

scholarly journals IMPACTS OF RISK FACTORS ON THE PERFORMANCE OF PUBLIC-PRIVATE PARTNERSHIP TRANSPORTATION PROJECTS IN VIETNAM

2017 ◽  
Vol 7 (2) ◽  
pp. 30-52 ◽  
Author(s):  
Do Tien Sy ◽  
Veerasak Likhitruangsilp ◽  
Masamitsu Onishi ◽  
Phong Thanh Nguyen
Keyword(s):  
Risk Factors ◽  
Subjective Evaluation ◽  
Government Agencies ◽  
Infrastructure Development ◽  
Infrastructure Projects ◽  
Economic Sectors ◽  
Transportation Projects ◽  
The Government ◽  
Private Investors ◽  
Laws And Regulations

The rapidly increasing demand and the inefficacy of financing transportation infrastructure project investments have contributed to various challenges for Vietnam in recent decades. Since the country’s budget is inadequate for investing in all necessary infrastructure projects, the Vietnam government has been inviting other economic sectors, especially the private sector, to participate in infrastructure development. The cooperation between the government agencies and the private entities, called PublicPrivate Partnership (PPP), must encounter various challenges leading to difficulties in attracting private investors. A main reason is that private investors must deal with critical risks concerning PPP investment environment. It is a challenging task for the government to optimally manage such risks to enhance the attractiveness of PPP projects for private investors. This paper examines the critical risk factors that influence the private sector’s investment decisions on PPP transportation projects in Vietnam. Risk factors inherent in typical PPP projects were compiled by comprehensive literature review. To reflect unique characteristics of PPP projects in Vietnam, the compiled risk factors were reviewed by a group of PPP experts from both the public and private sectors in Vietnam through indepth interviews and questionnaire surveys. In addition, ten PPP project case studies in Vietnam were analyzed to derive the risk profile of PPP transportation projects of the nation. These risk factors were quantitatively assessed based on their probabilities and impact levels. We found that the critical risk factors of PPP infrastructure projects in Vietnam are acquisition/compensation problems, approvals and permits, inadequate feasibility studies, finance market issues, subjective evaluation methods, and change in laws and regulations. By performing factor analysis, these critical risk factors were grouped into four categories: (1) bidding process, (2) finance issues, (3) laws and regulations, and (4) project evaluation issues. These critical risk factors represent the obstacles that repel private investors from PPP transportation projects in Vietnam. Thus, the Vietnam government agencies should meticulously address these issues to attract both domestic and foreign private investors in PPP projects.

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